Tag Archives: Exchange News

Patricia Ibarra is the most recent victim of a crypto scam. She feels bad about the situation, but even worse is that she got some of her own friends and family members involved in the scheme, which means she probably has guilt alongside the anger of being duped. Patricia Ibarra Was the Victim of a Crypto Scam The venture that stole money from Ibarra was called Crypto FX LLC. Based in Texas, the company promised anywhere between 15 and 20 percent returns to its...

Canada is cracking down on crypto trading and tightening its rules due to the FTX financial collapse. The country is allegedly trying to do all it can to protect investors and ensure nothing like the exchange’s debacle can affect people within its borders. Canada Is Fighting Potential Crypto Loopholes The Ontario Securities Commission and securities regulators in Canada are keeping their eyes open and watching any unregulated digital currency exchanges within the...

No doubt the FTX debacle and the arrest of its founder and chief executive Sam Bankman-Fried will go down as some of the biggest problems to ever strike the crypto space, but according to a new report, it appears the damage caused by FTX and its irresponsible (and selfish) employees may have been even greater than what analysts initially thought. The Trouble Surrounding FTX Might Have Done More Damage The document in question suggests that as much as $200 billion was...

Maria Carola is the CEO of crypto exchange Stealth EX, a non-custodial platform built for limitless swaps. Maria Carola and the Building of Stealth EX In a recent interview, Carola sat down and discussed how Stealth EX came to be and what it’s looking to accomplish. Discussing her background in crypto, Carola stated: My name is Maria Carola, and I’m the chief executive officer of Stealth EX. I’ve been working full-time in crypto for about seven years now, doing marketing...

In recent days, there has been a lot of fear centering around the Securities and Exchange Commission (SEC). The agency is clearly motivated to try and bring crypto down for good, though according to Jake Chervinsky – the chief policy officer of the Blockchain Association – traders and investors shouldn’t worry too much as at the end of the day, it’s not the SEC that makes general rules and regulations regarding crypto, but Congress. The SEC Doesn’t Have That Much Power...

Digital Surge – a crypto exchange in Australia – is getting a big pat on the back today after avoiding liquidation and enforcing a last-minute plan to keep itself open. Stakeholders of the company signed a recovery plan in mid-February which allowed the company to remain online. The exchange endured a short period of non-trading, though services resumed just a week after the deal went through. Digital Surge Is Its Own Superman Things were coming up on the final seconds...

Prosecutors in the case against both Sam Bankman-Fried and his now defunct crypto company FTX are asking the judge overlooking things to allow them access to a virtual private network (VPN) that SBF used to garner access to the internet. They are unsure of what his activities were, and they believe that new bail conditions now need to be set for the former crypto executive. Sam Bankman-Fried Used a Private Network for Internet Access Danielle Sassoon – a prosecutor in...

Eddy Alexandre – a man in New York – entered a guilty plea in mid-February this year after conducting a crypto fraud scheme that stole nearly $250 million from assorted investors. Eddy Alexandre Pleads Guilty Damian Williams – the U.S. attorney for the Southern District of New York – issued a statement claiming that Alexandre, between the months of September 2021 and May 2022, ran an illegal crypto exchange known as Emini FX. During that time, Alexandre solicited as much...

Coinbase is upping its game in the recent staking battle begun by the Securities and Exchange Commission (SEC). The popular digital trading platform is moving to the frontlines and has vowed to become the top soldier in the war against staking practices. Coinbase Is Becoming a Staking Colonel Not long ago, the SEC struck at Kraken, a popular crypto exchange based in Northern California. As part of a court settlement, the firm vowed to cease all its staking services. It...

With the recent news surrounding Kraken and the SEC, many digital currency participants believe a staking ban could be around the corner. Could Kraken Just Be the Start? Earlier today, Live Bitcoin News put out an article talking about how popular digital currency exchange Kraken had settled with the SEC and agreed to shut down its staking program as part of the settlement. The company will also part with more than $30 million in penalty fees. A spokesperson for Kraken...